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Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q67-Q72):

NEW QUESTION # 67
Which of the following is most likely to be a factor in an appraisal for an industrial property?

A. Price trend for detached homes in nearby neighborhoods
B. Amount of advertising and publicity
C. Access to raw materials used in the region
D. Proximity to museums and historical sites

Answer: C

NEW QUESTION # 68
Which of the following is NOT determined by zoning bylaws?

A. Where buildings and other structures may be located
B. The amount of rent a building may generate
C. Lot dimensions and parking requirements
D. The types of buildings that are permitted in a location, their height, and how they may be used

Answer: B

NEW QUESTION # 69
Issues that occurred prior to the closing of a transaction may be uncovered by title and non-title searches during due diligence. Which of the following is a non-title search concern?

A. The property's use doesn't comply with municipal zoning bylaws
B. Liens and encumbrances that are registered against the property
C. The seller is not entitled to transfer title to the property for some reason
D. A registered right of way that blocks the buyer's intended use of the property

Answer: A

NEW QUESTION # 70
A salesperson is representing a commercial tenant client who is interested in leasing a property for their business. The salesperson and their client are inspecting a property that includes a few accessory buildings.
This is ideal for the tenant, as the accessory buildings can serve as storage for their business. The tenant asks their salesperson to find out the measurements of the accessory buildings. Why is it important for the tenant to know the total area of the accessory buildings included on the property?

A. It is important for the tenant to know the total area of the accessory buildings as it will be considered within the tenant's usable area.
B. It is important for the tenant to know the total area of the accessory buildings as it will contribute to their rentable area.
C. It is important for the tenant to know the total area of the accessory buildings as they will have to share the use of them with other tenants.
D. It is important for the tenant to know the total area of the accessory buildings as it will be deducted from their rentable area.

Answer: B

NEW QUESTION # 71
A buyer is purchasing a farm and all the animals are included in the sale price. The buyer is worried the animals could become infected with disease prior to closing, so the salesperson inserts a clause in the agreement of purchase and sale to address that issue. Which of the following should NOT be included in the clause to protect the buyer?

A. A condition requiring a check-up of each animal by a predetermined veterinarian during due diligence.
B. The number of animals based on type, gender, and health; if the number is not the same at closing, the price will be adjusted.
C. State that the seller will continue the day-to-day farm operations until closing.
D. State that the buyer is assuming all animals on an "as is" basis.

Answer: D

NEW QUESTION # 72
......

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Humber College PREX-1060A Questions: Pass Exam With Good Scores [2025]

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Exam PREX-1060A Exercise - Reliable PREX-1060A Test Notes

Reliable PREX-1060A Test Notes - PREX-1060A Study Dumps

Humber College Exam 4: Invigilated Theory Exam Sample Questions (Q67-Q72):

Humber College PREX-1060A Questions: Pass Exam With Good Scores [2025]

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